LONDON (Alliance News) - <strong>Sports Direct International</strong> founder and deputy Chairman Mike Ashley has sold a 4% stake in the firm, causing a sharp fall in its share price, just days after the sports goods retailer's shareholders again rejected a proposal to pay him a bonus.<br /><b Read More
LONDON (Alliance News) - Bob Diamond, the former Chief Executive of Barclays PLC, has turned to his old stomping ground in order recruit the new leader of Atlas Mara Co-Nvest Ltd, the investment company he co-founded to make financial services acquisitions in Africa. In a statement, Tuesday Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Sports Direct</strong> International PLC said Mike Ashley, its founder and deputy chairman, sold 24 million ordinary shares, representin Read More
LONDON (Alliance News) - UK shares have opened lower Tuesday on a weak lead from the US and renewed concerns about Ukraine.<br /><br /><strong>Barclays</strong> PLC has reached a settlement with Guardian Care Homes ahead of a court case that was being seen as the measure of whether customers w Read More
LONDON (Alliance News) - Barclays PLC has reached a settlement with Guardian Care Homes ahead of a court case that was being seen as the measure of whether customers might take the legal route against banks over the manipulation of the Libor benchmark rate. The accusation had been that Barc Read More
LONDON (Alliance News) - The UK's top five banks have become safer over the last five years, but still have work to do to make their balance sheets more resilient, according to a new KPMG report. According to the report, UK banks' total assets reduced by 25% to GBP5.2 trillion in the five y Read More
LONDON (Alliance News) - Barclays PLC Friday said Skip McGee, a divisional executive was allotted 26,336 shares at a price of GBP2.3400 per share and 3,63 American Depositary Shares at USD16.37 each.<br /><br />The company also said a group of executives including Valerie Soranno Keating, a di Read More
LONDON (Alliance News) - Global stock indices lost a few points, while the euro has risen to a high of the day against the dollar, following the decision by the European Central Bank to leave it's interest rates unchanged. The ECB left its benchmark rate unchanged at 0.25%, leaving markets Read More
Bern (Alliance News) - The Swiss Competition Commission said it started a formal investigation on Monday against eight banks for possible manipulation of major currency rates. The suspects include Swiss banks UBS and Credit Suisse as well as major foreign lenders. "There is evidence t Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS SMITHS GROUP PRICE TARGET TO 1220 (1340) PENCE - 'SELL' <br />----------<br />JPMORGAN CUTS SMITHS GROUP PRICE TARGET Read More
LONDON (Alliance News) - UK Chancellor of the Exchequer George Osborne is expected Wednesday to again hail the country's continuing economic recovery whilst reiterating that yet more needs to be done to ensure it is sustained. <br /><br />In his annual budget speech, which starts at 1230 GMT, Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Barclays</strong>, up 2.9%. The bank plans to solicit offers for its index busi Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Smiths Group</strong> PLC raised its interim dividend and announced the expansion of its investment programme 'Fuel For Growth', altho Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br /><strong>----------</strong><br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE CUTS HSBC TO 'UNDERPERFORM' ('OUTPERFORM,') - PRICE TARGET 580 (780) PENCE <br />----------<br Read More